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headlines from the caspian: april 25, 2022

Headlines from the Caspian: April 25, 2022

Author:Caspian Policy Center

Apr 25, 2022

Image source: Getty Images

Energy and Economy

Caspian Pipeline Consortium Resumes Functioning at Full Capacity

After a month of inactivity, the Caspian Pipeline Consortium is reported to be functioning at full capacity, shortly after a meeting in Moscow between Kazakhstani Energy Minister Bolat Akchulakov and Consortium General Director Nikolai Gorban. Kazakhstan annually exports over two thirds of its oil through this pipeline.

Source: Eurasianet

Azerbaijani Economy Minister Meets with Deputy Head of the Presidential Administration of Kazakhstan

Economy Minister Mikayil Jabbarov met with Erzhan Kazykhan, the Deputy Head of the Presidential Administration. The two discussed economic cooperation and Trans Caspian economic routes.

Source: Azerbaycan24

Kyrgyzstan Set to Build ‘Eco-City' Project on Iconic Lake

Kyrgyzstani authorities have moved ahead with a plan to develop the shoreline of Lake Issyk-Kul into an eco-city called Asman with 500 thousand residents. Ruslan Akmataliev, the project’s executive, has secured pledges from French companies Finentrep Aspir, MEDEF, and Mercuroo to provide $5 billion in funding to the project.

Source: RFE/RL

Belarus Plans to Sign Contracts with Uzbekistan in the Field of Engineering

Belarus plans to sign contracts during the Belarusian-Uzbek business forum, held on April 25, on the sidelines of the International Industrial Trade Fair. Belarusian business leaders emphasized the potential they see in Uzbekistan as a logistics hub and expanded trade partner for Belarus.

Source: UzDaily

Kazakhstan Diverges from Russia with Rate Hike, Warning of Risks

The National Bank of Kazakhstan raised its policy rate from 13.5 percent to 14 percent and indicated it will look to future rate hikes. The decision stands in contrast to Bank Rossii’s recent move to roll back the dramatic rate hike it initiated after the Russian military launched its full-scale invasion of Ukraine.

Source: Bloomberg

Security and Politics

Kyrgyzstan Security Services Warn Against Using the “Z” Symbol

Kyrgyzstani state officials have warned citizens against sporting the “Z’ symbol, which has come to represent support for Russia’s invasion of Ukraine. The State Committee for National Security, or GKNB, warned that the symbol risks promoting “inter-ethnic enmity.” The move comes in anticipation of the festivities of Victory Day on May 9.

Source: Eurasianet

Kyrgystan’s Foreign Minister Resigns

On April 22, Kyrgyzstan’s Foreign Minister, Ruslan Kazakbaev, resigned according to the presidential spokesman. No reason for the resignation was given.

Source: RFE/RL

Georgian pro-Russian group Alt Info Switches Party Leader

Zurab Makharadze, the long-time public leader of Alt Info, a pro-Russian far-right Georgian political organization, has left the group’s political organization according to public documents. On April 11, Georgian Public Registry documents replaced Makharadze with Giorgi Kardava as leader of the Conservative Movement, Alt Info’s political branch.

Source: Open Caucasus Media

Armenian, Azerbaijani Foreign Ministers Agree on Structure of Border Demarcation Commission

Armenian Foreign Minister Ararat Mirzoyan and Azerbaijani Foreign Minister Jeyhun Bayramov have agreed on the structure of a commission to demarcate the tense border between their countries. The agreement follows a month of summitry hosted by European Council President Charles Michel.

Source: RFE/RL

Taliban Claims ISKP Fired Rockets toward Uzbekistan

Taliban officials announced that militants affiliated with the Islamic State Khorasan Province fired rockets toward Termez, Uzbekistan on April 18. The Uzbek government said that no rockets landed on Uzbek territory.

Source: Eurasianet

 

Sources: (Azerbaycan24, Azernews, Bloomberg, Eurasianet, Open Caucasus Media, RFE/RL, UzDaily).


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